Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
SCHWAB CHARLES R
  2. Issuer Name and Ticker or Trading Symbol
SCHWAB CHARLES CORP [SCHW]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chairman and CEO
(Last)
(First)
(Middle)
C/O THE CHARLES SCHWAB CORPORATION, 120 KEARNY STREET
3. Date of Earliest Transaction (Month/Day/Year)
04/25/2008
(Street)

SAN FRANCISCO, CA 94108
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 04/25/2008   S   8,519 D $ 21.64 135,686,903 I by Trust
Common Stock 04/25/2008   S   1,900 D $ 21.645 135,685,003 I by Trust
Common Stock 04/25/2008   S   500 D $ 21.647 135,684,503 I by Trust
Common Stock 04/25/2008   S   2,800 D $ 21.6475 135,681,703 I by Trust
Common Stock 04/25/2008   S   3,435 D $ 21.65 135,678,268 I by Trust
Common Stock 04/25/2008   S   8,181 D $ 21.655 135,670,087 I by Trust
Common Stock 04/25/2008   S   7,600 D $ 21.6575 135,662,487 I by Trust
Common Stock 04/25/2008   S   2,500 D $ 21.66 135,659,987 I by Trust
Common Stock 04/25/2008   S   2,500 D $ 21.665 135,657,487 I by Trust
Common Stock 04/25/2008   S   5,100 D $ 21.667 135,652,387 I by Trust
Common Stock 04/25/2008   S   4,000 D $ 21.6675 135,648,387 I by Trust
Common Stock 04/25/2008   S   14,500 D $ 21.67 135,633,887 I by Trust
Common Stock 04/25/2008   S   9,800 D $ 21.675 135,624,087 I by Trust
Common Stock 04/25/2008   S   10,000 D $ 21.677 135,614,087 I by Trust
Common Stock 04/25/2008   S   8,100 D $ 21.6775 135,605,987 I by Trust
Common Stock 04/25/2008   S   5,100 D $ 21.68 135,600,887 I by Trust
Common Stock 04/25/2008   S   5,200 D $ 21.685 135,595,687 I by Trust
Common Stock 04/25/2008   S   200 D $ 21.69 135,595,487 I by Trust
Common Stock 04/25/2008   S   500 D $ 21.695 135,594,987 I by Trust
Common Stock 04/25/2008   S   1,500 D $ 21.6975 135,593,487 I by Trust
Common Stock 04/25/2008   S   6,683 D $ 21.7 135,586,804 I by Trust
Common Stock 04/25/2008   S   3,000 D $ 21.71 135,583,804 I by Trust
Common Stock 04/25/2008   S   2,000 D $ 21.715 135,581,804 I by Trust
Common Stock 04/25/2008   S   7,900 D $ 21.72 135,573,904 I by Trust
Common Stock 04/25/2008   S   300 D $ 21.725 135,573,604 I by Trust
Common Stock 04/25/2008   S   12,689 D $ 21.73 135,560,915 I by Trust
Common Stock 04/25/2008   S   50 D $ 21.735 135,560,865 I by Trust
Common Stock 04/25/2008   S   18,800 D $ 21.74 135,542,065 I by Trust
Common Stock 04/25/2008   S   300 D $ 21.745 135,541,765 I by Trust
Common Stock 04/25/2008   S   10,750 D $ 21.75 135,531,015 (1) I by Trust

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
SCHWAB CHARLES R
C/O THE CHARLES SCHWAB CORPORATION
120 KEARNY STREET
SAN FRANCISCO, CA 94108
  X   X   Chairman and CEO  

Signatures

 Jane E. Fry, Attorney-in-fact   04/25/2008
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) As of the date of this report, the reporting person also had direct beneficial ownership interest in 5,300,511 shares and an indirect beneficial ownership interest in 39,350,941 shares held by an LLC, 7,085,465 shares held by his spouse, 2,355,329 shares held by a limited partnership, and 1,827,311 shares held in an ESOP.

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